Deal analysis outfit Pitchbook today released a new report that underscores how fewer exits are impacting the startup investing ecosystem. Among its findings? Beyond what’s commonly known – that a lot of the fundings today are insider rounds and bridge financings aimed at keeping companies alive – cash back to the limited partners (LPs) who […]
Fisker Ocean owners stuck paying for recall repairs
As EV startup Fisker prepares to enter the fourth month of its Chapter 11 bankruptcy process, existing owners have received some bad news: they will have to pay labor costs to resolve two of the five outstanding recalls on their Ocean SUVs. Fisker broke the bad news Sunday night in an FAQ posted to its […]
Movie Cast Members Get Stuck In The Elevator— Fans Disappointed With Reimbursement From CGV
Recently, the movie The Roundup: Punishment was released in theaters and garnered much attention from fans of the series. However, during a stage greeting scheduled in Hongdae, the cast members got stuck in the elevator, causing the greeting portion to be canceled. The theater revealed that it would be difficult to hold the stage greeting […]
What happened to Chris Finch? Timberwolves coach stuck behind the bench after serious knee injury
The Nuggets won just one playoff game against the eventual NBA champions in 2022, only to bounce back and capture a title the next year. Are the Timberwolves on track to follow the same path? Minnesota won one playoff game in 2023 against the Nuggets, who went on to win the NBA Finals. A year […]
Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck
Tesla has issued a recall for the Cybertruck due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash, according to the National Highway Traffic Safety Administration. The recall caps a tumultuous week for Tesla. The company laid off more than 10% of its workforce on Monday, and […]